CMC Magnetics Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,772.84 million compared to TWD 1,873.78 million a year ago. Net income was TWD 1,386.37 million compared to net loss of TWD 555.29 million a year ago. Basic earnings per share from continuing operations was TWD 1.27 compared to basic loss per share from continuing operations of TWD 0.5106 a year ago. Diluted earnings per share from continuing operations was TWD 1.27.
For the six months, sales was TWD 3,504.76 million compared to TWD 3,918.9 million a year ago. Net income was TWD 2,066.51 million compared to net loss of TWD 692.75 million a year ago. Basic earnings per share from continuing operations was TWD 1.9 compared to basic loss per share from continuing operations of TWD 0.6383 a year ago. Diluted earnings per share from continuing operations was TWD 1.9.